801 Pennsylvania St, Lawrence, KS 66044
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 3 Beds | 1 - 3.5 Baths | 496 - 2,262 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Penn Street Lofts has something for everyone, whether you are looking for a gorgeous home within walking distance to food and entertainment or the convenience of an onsite fitness center we have it all. An outstanding collection of studios, one-, two-, and three- bedroom apartment homes that cater to a modern lifestyle and transform your space into more than just an apartment. Features include wood style flooring throughout, stainless steel appliances, granite counter tops, and 9ft ceilings to make your space feel larger than life. Discover a fun, dynamic approach to apartment living while enjoying the community room with a game table and coffee bar, mingling out on the rooftop terrace, and so much more. Located in the Warehouse Arts District of Lawrence, Kansas you simply will not find a more perfect place to call home.
Pet and Parking Policies
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Penn Street Lofts does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 496ft2 | Call for Price† |
| 1 Bedroom (1/1) | 935ft2 | Call for Price† |
| 2 Bedroom (2/2) | 1287ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1286ft2 | Call for Price† |
| 3 Bedroom (3/3.5) | 2262ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year | $51,100 / year | $54,900 / year |
| 50% AMI for PBRA Units | $33,150 / year | $37,850 / year | $42,600 / year | $47,300 / year | $51,100 / year | $54,900 / year |
| 60% AMI for LIHTC Units | $39,780 / year | $45,420 / year | $51,120 / year | $56,760 / year | $61,320 / year | $65,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Penn Street Lofts have a waiting list?
Penn Street Lofts probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Penn Street Lofts?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Penn Street Lofts?
Penn Street Lofts is managed by Weigand-Omega Management, Inc. headquartered in Wichita, KS.
In addition to Penn Street Lofts, how many other affordable housing properties (and units) are there in Lawrence?
In addition to Penn Street Lofts, we list 37 other affordable properties in Lawrence. Learn about these properties here. Our data research shows that there are a total of 1421 affordable units in Lawrence.
When was the Penn Street Lofts listing last updated?
Penn Street Lofts listing on Affordable Housing Online was last updated on 04/05/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
3250 Michigan Street, Lawrence, Kansas 66046
1405 E 21st Ter, Lawrence, Kansas 66046
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